USD/JPY Forecast November 18, 2014, Technical Analysis

by FX Empire | November 18, 2014 6:27 am
The USD/JPY pair initially fell during the session on Monday, but as you can see found enough support below in order to go a bit higher. The 115 level below continues to be massively supportive, and we...

USD/CAD Forecast November 18, 2014, Technical Analysis

by FX Empire | November 18, 2014 6:27 am
The USD/CAD pair tried to break out to the upside during the session on Monday, but the 1.13 level of course offered quite a bit of resistance. As I’ve that surprising though, because we have been banging...

GBP/USD Forecast November 18, 2014, Technical Analysis

by FX Empire | November 18, 2014 6:26 am
The GBP/USD pair fell during the course of the day on Monday, continuing the downward pressure that we have seen for several sessions. We believe that a break down below the bottom of the hammer from the...

EUR/USD Forecast November 18, 2014, Technical Analysis

by FX Empire | November 18, 2014 6:25 am
The EUR/USD pair tried to break out to the upside, but fell rather hard and closed well below the 1.25 level. The 1.26 level of course was resistive, and as a result we continue to see the...

AUD/USD Forecast November 18, 2014, Technical Analysis

by FX Empire | November 18, 2014 6:25 am
The AUD/USD pair fell during the session on Monday after initially gapping higher, testing the 0.88 level. That area of course is resistance as we have seen several times before, so it does not surprise us at...

EURGBP Long-Term Reversal (Nov 18, 2014)

by Kate Curtis | November 18, 2014 4:34 am
EURGBP has been falling for the past few months but a reversal pattern has just formed on its daily chart. This indicates that an uptrend may start as soon as price breaks past the .8000-.8050 resistance levels....

USDCAD Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:58 am
USDCAD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1466. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

USDCHF Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:57 am
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9739, the rise from 0.9552 would possibly be consolidation of the downtrend. As long as the trend line resistance holds, the downtrend...

USDJPY Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:57 am
USDJPY remains in uptrend from 105.32, the fall from 117.05 is likely consolidation o f the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...

AUDUSD Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:56 am
AUDUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8540, the fall from 0.8795 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could...